JSW Steel Limited has announced the incorporation of a new joint venture company, APJSW Private Limited, in partnership with the Andhra Pradesh Mineral Development Corporation Limited (APMDC). The JV, officially incorporated on August 25, 2025, will spearhead the development of the Konijedu Marlapadu Integrated Iron Ore Project in…
InterGlobe Aviation Promoters, including co-founder Rakesh Gangwal and the Chinkerpoo Family Trust, are set to offload shares worth ₹7,028 crore via a block deal. The offer price is fixed at ₹5,808 per share, about 4% lower than the last closing. Biocon Its subsidiary has received tentative USFDA approval…
View on market: Volatility persists, eagerly searching for growth: Asian markets showed a mixed trend on Thursday. Japanese and South Korean shares moved higher, while futures linked to Hong Kong and mainland Chinese stocks weakened after a cautious outlook from a leading Chinese technology company. Australian shares stayed…
The Trump administration on Monday (local time) issued a formal notice outlining its plan to impose 50% tariffs on Indian goods, escalating trade tensions between the two countries. The move signals Washington’s determination to move forward with additional levies even as President Trump attempts to broker a peace…
The Union Finance Ministry has announced that central government employees will be allowed a one-time, one-way switch from the Unified Pension Scheme (UPS) to the National Pension System (NPS). This facility is available up to one year before retirement or three months before voluntary retirement, whichever is earlier.…
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday (25 August 2025) said the country’s foreign exchange reserves stand at $695 billion, strong enough to cover 11 months of merchandise exports. Speaking at the FIBAC 2025 annual banking conference in Mumbai, he highlighted the resilience of India’s…
A wave of development projects worth over ₹5,400 crore was launched at Khodaldham Ground in Ahmedabad, with a focus on urban development, infrastructure, energy, and railways. The initiatives highlight the government’s continued emphasis on inclusive growth, ensuring benefits reach farmers, cattle rearers, small entrepreneurs, and the urban poor.…
Fitch Ratings has reaffirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-’ with a Stable Outlook, citing strong growth prospects and resilient external finances. While high public debt continues to weigh on the credit profile, the rating reflects confidence in India’s economic fundamentals and policy reforms. Limited…
Indian travellers are increasingly moving away from traditional tourist hubs and choosing unique, lesser-known destinations. This shift has driven a 45% rise in travel insurance purchases for adventurous and offbeat trips over the last 2–3 years, according to Policybazaar. Emerging Travel Hotspots Destinations such as Seychelles (115% YoY…
Larsen & Toubro (L&T), India’s leading engineering and infrastructure conglomerate, is sharpening its focus on defence, digital infrastructure, and power as part of its diversified growth strategy. Data Centres and Cloud Services L&T has already invested about ₹2,200 crore in data centres, with 32 MW capacity operational, including…